$160,000
$5K PRICE DROP

Estimated payment $1,539/month

Total Views 3,411
-- Bed
1 Bath
406 Sq Ft
$394 Price per Sq Ft

Highlights

  • Community Kitchen
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Walk-In Closet
  • Views
  • 3-minute walk to Altos Del Mar Park

About This Home

Excellent opportunity just 2 blocks from the beach! This updated 1-bed, 1-bath unit is rented at $1,300/month through 08/31/2026, offering reliable cash flow from day one—perfect for investors. Well-maintained building with low HOA, near shops, dining, and public transit. Buy now and enjoy passive income, or plan ahead to make it your own beachside getaway when the lease ends. A smart investment in a highly desirable, rapidly growing neighborhood!

Listing Agent

Daniela Perez

Miami Beach Real Estate Group License #3237811 Listed on: 09/10/2025

Miami Beach Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,327

Year Built

  • Built in 1958

HOA Fees

  • $506 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 406 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Property Views

Bedrooms and Bathrooms

  • Walk-In Closet
  • 1 Full Bathroom

Home Security

Schools

  • Biscayne Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 02-32-02-049-0040

Community Details

Overview

  • The William Lee Condo
  • The William Lee Condo,The William Lee Cond Subdivision

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Additional Features

  • Community Kitchen
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,327

Year Built

Built in 1958

Lot Details

0

HOA Fees

$506 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1958
  • Property Sub Type: Condominium
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: THE WILLIAM LEE CONDO,THE WILLIAM LEE COND
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: Walk-In Closet(s)
  • Full Bathrooms: 1
  • Flooring: Tile
  • Living Area: 406
  • Stories: 2
  • Bedroom Features: None, Other

Exterior Features

  • View: Other View
  • Exterior Features: Other, None
  • Construction Type: Concrete Block Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: THE WILLIAM LEE CONDO
  • Parking Features: None

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Smoke Detector, Fire Alarm

Condo/Co-op/Association

  • Association Fee: 506
  • Amenities: Kitchen Facilities
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Biscayne
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-02-049-0040

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2327

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,327 $129,925 -- --
2024 $2,086 $118,114 -- --
2023 $2,086 $107,377 $0 $0
2022 $1,918 $97,616 $0 $0
2021 $1,821 $88,742 $0 $0
2020 $1,649 $92,900 $0 $0
2019 $1,585 $96,300 $0 $0
2018 $1,411 $90,000 $0 $0
2017 $1,292 $60,613 $0 $0
2016 $1,300 $55,103 $0 $0
2015 $1,183 $50,094 $0 $0
2014 $1,107 $45,540 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2025 09/19/25 Price Changed $160,000 -3.0% $394 / Sq Ft
09/10/2025 09/10/25 For Sale $164,900 -- $406 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11876037

MIAMI REALTORS® MLS

APN: 02-3202-049-0040